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Nov 25, 2012
11/12
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public yet, and i can tell you that right after the election the president spoke with house speaker john boehner, and they talked about a great phone cal, courteous phone call, they say, but that aides talked about how each side talked about the importance of not making all these public statements so that each side could have room to negotiate. if there's movement being made, we don't know that yet. athena jones, thank you very much. >> coming up in about ten minutes your brain on the fiscal cliff. don't worry. there is a cure. >>> speaking of a whole lot of money, the powerball jackpot is now the largest many the game's history. an estimated $425 million. even though no one won last night's jackpot, people in eight states won $1 million prizes for matching five numbers. the winning numbers were 22, 32, 37, 44, 50, and the powerball was 34. it was the 15th drawing in a row with no jackpot winner. the next drawing wednesday night. >>> clashes on the streets in egypt. anti-government protests sparking outside the capital. now a call for millions to take part. we are live in cairo. hmm, it
public yet, and i can tell you that right after the election the president spoke with house speaker john boehner, and they talked about a great phone cal, courteous phone call, they say, but that aides talked about how each side talked about the importance of not making all these public statements so that each side could have room to negotiate. if there's movement being made, we don't know that yet. athena jones, thank you very much. >> coming up in about ten minutes your brain on the...
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Nov 22, 2012
11/12
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i am thankful that john boehner forever and president obama may be only recently, these two men have been willing to show emotion in public. to be big, tough, american leaders of the highest order, right? both of them in positions where they really answer to no one but the voters. and they are willing to be seen shedding a tear, without shame. i am thankful for that in our national american leadership. i am thankful that the brilliant bbc series, "house of cards," about the most evil politician ever, a mini series that i've watched a million times and i've been addicted to for years, i am happy, i am thankful, i am thankful that "house of cards" is being remade by kevin spacey and it comes out in february. i'm thankful for nbc white house producer, shauna thomas, who sent us this picture for the lines of early voting in houston this year. and we posted that online and that led to our viewers from all over the country sending us pictures of long lines when you guys went to vote early, which helped us bring national coverage to the issue of just how long people were waiting in line to
i am thankful that john boehner forever and president obama may be only recently, these two men have been willing to show emotion in public. to be big, tough, american leaders of the highest order, right? both of them in positions where they really answer to no one but the voters. and they are willing to be seen shedding a tear, without shame. i am thankful for that in our national american leadership. i am thankful that the brilliant bbc series, "house of cards," about the most evil...
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Nov 24, 2012
11/12
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now john boehner is doing a little backtracking. he wrote in the cincinnati enquirer, his hometown newspaper, the president's health care law adds a massive, expensive, unworkable government program at a time when our national debt already exceeds the size of our country's entire economy. we can't afford it and we can't afford to leave it intact. so try as they might, remember the last congress republicans passed a lot of bills out of the house of representatives that tore apart obama care. as even the president calls it now. they didn't go anywhere in the senate and meanwhile, alex, after the thanksgiving break, the principles are expected to get back together to begin negotiating in earnest. as you're right the clock is ticking. just a little bit more than one month to go before the nation heads over that fiscal cliff. al alex? >> 38 days and counting. thanks so much. let's go from the white house to the middle east now. palestinians and israelis are keeping a cease-fire alive. but many call the truce extremely fragile. an attempt
now john boehner is doing a little backtracking. he wrote in the cincinnati enquirer, his hometown newspaper, the president's health care law adds a massive, expensive, unworkable government program at a time when our national debt already exceeds the size of our country's entire economy. we can't afford it and we can't afford to leave it intact. so try as they might, remember the last congress republicans passed a lot of bills out of the house of representatives that tore apart obama care. as...
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Nov 22, 2012
11/12
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he did submit his resignation letter to john boehner. he talked about his health and his accomplishments and also talked about the investigation that's ongoing looking into the possible misuse of campaign funds. they are my mistakes and mine alo alone. that part is interesting because sandy jackson, his wife, is an alder person here in chicago. according to the wall street journal she is involved in this i think ve investigation. she's been talked about as a possible replacement. we haven't heard from jesse jackson jr. or senior on this. >> i just find it's so painful at this point for me not only to know that he won't be in the congress but to know that he's still struggling with a serious, very serious mental health issue. >> ted, is this an indicator this is the end of jackson's political career? >> reporter: well, i would think so when you look at the totality of all that's happened to him in the last six, eight months. when you have the mental health sur issues, let's say he gets that under control, he still has this investigati inv
he did submit his resignation letter to john boehner. he talked about his health and his accomplishments and also talked about the investigation that's ongoing looking into the possible misuse of campaign funds. they are my mistakes and mine alo alone. that part is interesting because sandy jackson, his wife, is an alder person here in chicago. according to the wall street journal she is involved in this i think ve investigation. she's been talked about as a possible replacement. we haven't...
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Nov 29, 2012
11/12
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that's because john boehner said they could well be some progress on a compromise. that flies in the face of harry reid saying little progress is made. that is what is driving the u.s. markets and the global markets as well. the fed's beige book says there is a tepid growth. you have the housing market against that manufacturing and superstorm sandy. interesting stats expected out of the auto sectors. this could be good news. we think there may ab a pace of somewhere in the region of 15.2 million cars sold in november. the fact is that americans got very old fleet of cars. the average age of car now is 11 years old. it's 20% of the cars on the road are 16 years old. maybe renewing the cars is a big factor. great numbers for abercrombie and fitch, the shares are up 15%. this is a very well received set of numbers. >> you mentioned the abercrombie stuff. others are not doing well. i think i have figured out the differences between the two clothing companies. maybe it's the marketing campaign that is struggling. here's the classic abercrombie campaign. enough said. and
that's because john boehner said they could well be some progress on a compromise. that flies in the face of harry reid saying little progress is made. that is what is driving the u.s. markets and the global markets as well. the fed's beige book says there is a tepid growth. you have the housing market against that manufacturing and superstorm sandy. interesting stats expected out of the auto sectors. this could be good news. we think there may ab a pace of somewhere in the region of 15.2...
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Nov 22, 2012
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. >> reporter: in his letter of resignation to speaker of the house john boehner, jackson wrote, "my health issues and treatment regimen have become incompatible with service in the house of representatives." the son of civil rights leader jesse jackson, jackson, jr., mysteriously disappeared from public view last june. it was later revealed he was undergoing treatment for bipolar disorder. jackson was reelected earlier this month, though he did not actively campaign, recording only a single message for his constituents. but his health may not be the only factor in jackson's decision to resign. for more than a year, the washington field office of the f.b.i. has been investigating the possible misuse of campaign funds, according to federal sources, who say discussions about a possible plea deal began in just the past few weeks. today, for the first time, jackson acknowledged that investigation. a plea deal does not appear to be imminent, jeff. late today, jackson's lawyers put out a written statement in which they said, "we hope to negotiate a fair resolution of the matter, but the pr
. >> reporter: in his letter of resignation to speaker of the house john boehner, jackson wrote, "my health issues and treatment regimen have become incompatible with service in the house of representatives." the son of civil rights leader jesse jackson, jackson, jr., mysteriously disappeared from public view last june. it was later revealed he was undergoing treatment for bipolar disorder. jackson was reelected earlier this month, though he did not actively campaign, recording...
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Nov 22, 2012
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is john boehner right? >> no. look, it's a law that does a lot of things with the health care system. it's not predominantly a fiscal issue, in that that when the government does anything, it affects taxes. if you're the president you have no incentive to allow the health care law to be on the table in these negotiations. maybe on the edges there are a few spending programs you're willing to negotiate over. but in terms of the health insurance mandate and exchanges, all the things in this complicated law that passed two years ago, you're really going to draw the line and say, we're not going to reopen that debate. we won the election, so sorry, john. that said, there are specific programs in there that might be part of the spending negotiations that take place. >> you know, kristen, politically speaking, doesn't this add another wrinkle to an already difficult negotiation process ahead? >> i think it absolutely does. i think to some extent speaker boehner might be sending a message to republicans in his conference
is john boehner right? >> no. look, it's a law that does a lot of things with the health care system. it's not predominantly a fiscal issue, in that that when the government does anything, it affects taxes. if you're the president you have no incentive to allow the health care law to be on the table in these negotiations. maybe on the edges there are a few spending programs you're willing to negotiate over. but in terms of the health insurance mandate and exchanges, all the things in this...
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Nov 26, 2012
11/12
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i have faith in john boehner. >> congressman, we have seen this movie before. the bottom line question and, what can speaker boehner sell? if he goes to them and says, look, we cut a deal here, but tax rates have to go up. actual tax rates have to go up on the wealthy, like senator levin just said. can he sell it? >> i think john is going to do all he can to avoid an increase in tax rates. but as senator levin said, you can get the same results by changing deductions, changing exemptions, and that would put more of a tax burden on the rich but it would not affect marginal tax rates. i don't want to prejudge any of it. bottom line, we cannot have sequestration. we cannot go off the fiscal cliff. the election is over. we have a speaker. the democrats have a president. the democrats have harry reid. we have mitch mcconnell. get them in the room. and that's what representative governments should be about. no one gets all they want. if reagan and o'neal can do it, r boehner and obama should be able to do this. >> the last attempt at a grand bargain, it was the polit
i have faith in john boehner. >> congressman, we have seen this movie before. the bottom line question and, what can speaker boehner sell? if he goes to them and says, look, we cut a deal here, but tax rates have to go up. actual tax rates have to go up on the wealthy, like senator levin just said. can he sell it? >> i think john is going to do all he can to avoid an increase in tax rates. but as senator levin said, you can get the same results by changing deductions, changing...
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Nov 27, 2012
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boehner are accelerating. but the white house must contend with members of his own party who are pushing back against proposals that significantly reshape entitlement programs like medicare and social security. white house press secretary jay carney said yesterday the president is open to compromise and should republicans make a realistic proposal on taxes, they will meet them halfway. >> math tells us that you can't get the kind of balanced approach that you need without having rates be part of the equation. we haven't seen a proposal that achieves that, a realistic proposal, that achieves that. the reality is, closing loopholes and ending deductions as an alternative to raising rates on the top earners, top 2%, those making over $250,000, sounds good, but you have to look at the actual contents of those proposals. >>> and a new poll shows the majority of americans do want compromise in order to avoid the fiscal cliff. 67% say a deal should be a combination of spending cuts and tax increases. and if no deal i
boehner are accelerating. but the white house must contend with members of his own party who are pushing back against proposals that significantly reshape entitlement programs like medicare and social security. white house press secretary jay carney said yesterday the president is open to compromise and should republicans make a realistic proposal on taxes, they will meet them halfway. >> math tells us that you can't get the kind of balanced approach that you need without having rates be...
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Nov 29, 2012
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what john boehner had that had so much impact, coming up. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> good morning to you. welcome back. 24 minutes past the hour. christine is minding our business. >> i am. stock futures are up.
what john boehner had that had so much impact, coming up. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. i have obligations. cute tobligations, but obligations.g. i need to rethink the...
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Nov 25, 2012
11/12
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you may see a satellite skit of john boehner and nancy pelosi. who knows. they could be here right up until new year's eve. >> there's another somewhat serious story that's gotten a lot of media attention and that is what's going to happen to the republican party who's lost two straight presidential elections and it's interesting to me that some of the conservative commentators seem to be shifting a little bit. sean hannity has evolved. charles krien jaimer says let's just do amnesty. it's interesting to me that the pundits who are often more visible than any of the presidential wannabe candidates are changing their toon. >> i think they're thanking their tune because they saw the disastrous results with mitt romney. i think it was very interesting that hannity said that. what's interesting to me is the blood lining that's going on as to who's to blame. i think a lot of people think we have to do something. we have to figure this one out. >> so is this acourse correction by the people on the right who spout off for a living? we're accustomed certainly to po
you may see a satellite skit of john boehner and nancy pelosi. who knows. they could be here right up until new year's eve. >> there's another somewhat serious story that's gotten a lot of media attention and that is what's going to happen to the republican party who's lost two straight presidential elections and it's interesting to me that some of the conservative commentators seem to be shifting a little bit. sean hannity has evolved. charles krien jaimer says let's just do amnesty....
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Nov 22, 2012
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and john boehner, for instance, putsing health care reform on the table is really an outlandish one, but all he's trying to do is widen the parameter to work out a deal. it is like the game of chicken and sometimes you lose the game. they are jeopardizing our economy. >> wanda, what do you think the agreement will look like? do you think republicans will abandon the call to the likes of glover norquist and others to not let the bush tax cuts expire? >> i wish i knew all the terms of the deal. right now we are hearing from hill democrats is that republicans are not willing to put any deal on the table that the president would be in favor of. it's a big issue. i think we'll see something but to your point, we see that deal-making in washington is very often in the 11th hour. i would not be surprised to see this drag out until the very last minute as we see so often here in washington. >> which means we'll have you both back at some point. in the meantime, get out to enjoy your thanksgiving. appreciate it. >>> survivors of hurricane sandy and aid workers are being remembered this holida
and john boehner, for instance, putsing health care reform on the table is really an outlandish one, but all he's trying to do is widen the parameter to work out a deal. it is like the game of chicken and sometimes you lose the game. they are jeopardizing our economy. >> wanda, what do you think the agreement will look like? do you think republicans will abandon the call to the likes of glover norquist and others to not let the bush tax cuts expire? >> i wish i knew all the terms of...
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Nov 23, 2012
11/12
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john boehner has not fought on any issue. look over his two term as speaker. show me one issue where he has fought on anything other than consolidating his power. he didn't fight on the debt ceiling or the budget last year. he has fought on nothing. the first year of his speakership spending went up 3% over what it did in the last year nancy pelosi's speakership. we put them into cuts spending and he did get the message and i still don't think he gets the message. dave: time for new speaker. good to see you again. thank you very much. back to the markets. robert gray. what are they doing? robert: we are seeing gains across the board. widespread gains with lots of green on the screen, three major stock averages and if you look within that, the dow, 29 of 30 dow members moving higher, alcoa was unchanged so pre much a wash. looking within that, we are seeing the tech stocks with in the dow leading the way. you have hewlett-packard bouncing back from the autonomy if you want to call it a scandal, the big write-down they took from buying autonomy without doing wha
john boehner has not fought on any issue. look over his two term as speaker. show me one issue where he has fought on anything other than consolidating his power. he didn't fight on the debt ceiling or the budget last year. he has fought on nothing. the first year of his speakership spending went up 3% over what it did in the last year nancy pelosi's speakership. we put them into cuts spending and he did get the message and i still don't think he gets the message. dave: time for new speaker....
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Nov 29, 2012
11/12
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and that's what i wish john boehner would do. because if he took a page out of tip o'neill's book, we'll be off this fiscal cliff and i compliment congressman cole for his courage in saying, you know, the president's given us 98%, essentially, of what we want. let's take it and we'll argue over the millionaires and the billionaires later. >> you know, you're probably one of the really key leading progressives in the united states senate. i've watched your heroic campaigns every six years. i'm walls in always in wonder of your ability to stick to principles and win big in the biggest state. how is this going over, the view you're taking now, which we're all in this together to some extent? it has to be a 60/40, something like that, deal. how is that going over with your colleagues in the senate? >> honestly, i believe everybody on my side of the aisle -- i haven't talked to much to my colleagues, my republican friends, because they're under a lot of pressure and i'm not going to put more pressure on them. but i think among the dem
and that's what i wish john boehner would do. because if he took a page out of tip o'neill's book, we'll be off this fiscal cliff and i compliment congressman cole for his courage in saying, you know, the president's given us 98%, essentially, of what we want. let's take it and we'll argue over the millionaires and the billionaires later. >> you know, you're probably one of the really key leading progressives in the united states senate. i've watched your heroic campaigns every six years....
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Nov 25, 2012
11/12
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house speaker john boehner and republicans want bigger cuts in government spending. thanksgiving gave lawmakers a quick break from the fiscal cliff conundrum. now it's time to hunker down and get back to business. >> reporter: after meeting with president obama before the thanksgiving holiday -- >> i want to welcome the congressional leadership here. >> reporter: -- congressional leaders expressed optimism to reaching a deal. >> we had a very constructive meeting with the president. to talk about america's fiscal problem. >> we have a corner stones of being able to work something out. >> reporter: staffers have been working behind the scenes to fine common ground. among the big sticking points how to bring in more tax revenue and reduce spending on programs like medicare. but it's not yet clear when lawmakers and the president will meet next. even if some progress is made this week a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions early. they tend to do better when they have a deadline so i would be pleasantly su
house speaker john boehner and republicans want bigger cuts in government spending. thanksgiving gave lawmakers a quick break from the fiscal cliff conundrum. now it's time to hunker down and get back to business. >> reporter: after meeting with president obama before the thanksgiving holiday -- >> i want to welcome the congressional leadership here. >> reporter: -- congressional leaders expressed optimism to reaching a deal. >> we had a very constructive meeting with...
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Nov 29, 2012
11/12
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house speaker, john boehner, he doesn't know how to handle this. he was forced to respond and wasn't quite sure what to say. >> i told tom earlier in our conference meeting that i disagreed with him. he is a wonderful friend of mine and a great supporter of mine. raising taxes on the so-called top 2%, half of those taxpayers are small business owners. >> actually, congressman cole agrees with the same thing. he doesn't want to raise on the top 2%. bain boehner is spinning his wheels. president obama could be pushing these guys all the way until the break. he reminded the country of the steaks stakes today. there was a sense of urgency in the president's message >>> if we get this part of it right, a lot of the other issues surrounding deficit reduction are going to be a whole lot easier. if we get this wrong, the economy is going to go south. we don't have a lot of time here. we have a few weeks to get this thing done. we could get it done tomorrow. optimistically, i don't think we are going to get it done tomorrow. >> the white house is using all
house speaker, john boehner, he doesn't know how to handle this. he was forced to respond and wasn't quite sure what to say. >> i told tom earlier in our conference meeting that i disagreed with him. he is a wonderful friend of mine and a great supporter of mine. raising taxes on the so-called top 2%, half of those taxpayers are small business owners. >> actually, congressman cole agrees with the same thing. he doesn't want to raise on the top 2%. bain boehner is spinning his...
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Nov 27, 2012
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. >> gloria, didn't the president when he tried that deal with john boehner that didn't work out, didn't he agree to significant cuts in medicare? >> he did. there were almost there once before. there are different stories about who moves the goalposts in that negotiation. if i were the president and i were going to van, i would say, look, this president has an opportunity right now to shape the future of american budgets. the blueprint for the american economy and for american spending priorities for a decade to come in this particular deal. if i were the president, i would say, look, it's not going to be perfect, but we really do have an opportunity here. i have an opportunity as president. united states to lead this country into fiscal solvency if each side gives a little bit. >> let me speak up for van -- >> van, hold on a second. i want ross to wrap it up. >> well, i was just going to say i disagree completely with van on the policy. i think over the long run if you look at the growth rate in medicare and the fact that every year that you don't change social security it gets more ex
. >> gloria, didn't the president when he tried that deal with john boehner that didn't work out, didn't he agree to significant cuts in medicare? >> he did. there were almost there once before. there are different stories about who moves the goalposts in that negotiation. if i were the president and i were going to van, i would say, look, this president has an opportunity right now to shape the future of american budgets. the blueprint for the american economy and for american...
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Nov 29, 2012
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>> it has given john boehner some cover. you now have a conservativconse albeit establishment member of the house republican party who is essentially going to the left of john boehner. of course, john boehner has basically said, look, i disagree with tom cole. what has happened, we have actually seen other republicans embrace what tom cole said. mary bono mack said she'd support something tom cole is calling for, extension of the bush tax cuts for the middle class, not for the wealthiest. by having this cover john boehner could actually have the flexibility to negotiate with the white house maybe something that doesn't go as far as the white house and tom cole want, but some other kind of middle ground. something we didn't see in the 2011 negotiations over the debt ceiling. >> meanwhile john boehner is being pretty elusive about what the specifics, the details are. i want to play a little bit of what he said today at his weekly briefing. >> revenue is on the table. but revenue was only on the table if there were serious spen
>> it has given john boehner some cover. you now have a conservativconse albeit establishment member of the house republican party who is essentially going to the left of john boehner. of course, john boehner has basically said, look, i disagree with tom cole. what has happened, we have actually seen other republicans embrace what tom cole said. mary bono mack said she'd support something tom cole is calling for, extension of the bush tax cuts for the middle class, not for the wealthiest....
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Nov 28, 2012
11/12
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john boehner being optimistic a deal can be reached. the dow jones industrial now off 30 points having been down more than triple digits, down 113 points so a complete turnaround. it shows to the worries wall street and americans have. back to you. dagen: 2012 on record to be one of the hottest 10 years in history. major shrinking of the sealand to the record temperatures, the findings released at international climate talks, and blamed it on far-reaching climate changes. mitt romney finally gets to go to the white house. not the way he imagined, of course. reporting governor romney will have a private lunch with president obama tomorrow. this'll be the first meeting for mr. romney and the president since the election. connell: all the mayhem over the power ball deal, we will hear why so many people may just be throwing their money away. dagen: the newest smart phone. is it flying off of store shelves? $100 with a contract. is it even worth that? walt mossberg is here to tell you yes or no. and they look at how the world currencies are
john boehner being optimistic a deal can be reached. the dow jones industrial now off 30 points having been down more than triple digits, down 113 points so a complete turnaround. it shows to the worries wall street and americans have. back to you. dagen: 2012 on record to be one of the hottest 10 years in history. major shrinking of the sealand to the record temperatures, the findings released at international climate talks, and blamed it on far-reaching climate changes. mitt romney finally...
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Nov 26, 2012
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john boehner went to the white house ten days ago and said republicans in the house were willing to put revenues on the table. that was a big move. >> by the standards of republican politics, ben, that was a big move. and eric cantor is doing something pretty important there. i just want to say before we go into all of the nitty-gritty details, tell us about what it means for eric cantor to basically reposition this conversation away from grover norquist, who as i said is something of a hero to house republicans. >> he is. i think it's important to note that grover norquist has not always been completely against all revenues. they're moving in terms of putting revenue on the table that's not marginal increases. i think grover gets a little bit of a bad rap on being an opponent to anything that involves anything in any way. i don't think they're distancing that much on that topic. but it is a move for republicans who have admitted we need to raise more revenue. the question is how. can we do it by eliminating mortgage deductions, by charitable deductions, by capping the number of deducti
john boehner went to the white house ten days ago and said republicans in the house were willing to put revenues on the table. that was a big move. >> by the standards of republican politics, ben, that was a big move. and eric cantor is doing something pretty important there. i just want to say before we go into all of the nitty-gritty details, tell us about what it means for eric cantor to basically reposition this conversation away from grover norquist, who as i said is something of a...
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Nov 22, 2012
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and speaker of the house john boehner put obama care on the table. he says if we're serious about getting our financial house in order, obama care has to go. is he crazy? or crazy like a fox? let's go "outfront." good evening, everyone. i'm erin burnett. and "outfront" tonight, cease-fire. 142 people were killed in gaz why and five in israel, egypt helped negotiate a temporary truce which took effect at 9:00 at night in tel aviv. it was met with gunfire in the streets of gaza city. it is fragile. israeli defense forces say there are five rockets launched from gaza since the cease-fire went into effect. and prime minister benjamin netanyahu's statement was cautious. he said he was willing to give the egyptian cease-fire a chance before there is a need to use greater force. not exactly a ringing endorsement. here's the key thing, while the united states got involved with a visit from hillary clinton this deal was not brokered by the usa. >> this is a critical moment for the region. egypt's new government is assuming the responsibility and leadership th
and speaker of the house john boehner put obama care on the table. he says if we're serious about getting our financial house in order, obama care has to go. is he crazy? or crazy like a fox? let's go "outfront." good evening, everyone. i'm erin burnett. and "outfront" tonight, cease-fire. 142 people were killed in gaz why and five in israel, egypt helped negotiate a temporary truce which took effect at 9:00 at night in tel aviv. it was met with gunfire in the streets of...
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Nov 29, 2012
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john boehner had with president obama last night so john boehner came out to give us a report on this and he said in his view there has been, quote, no substantive progress in talks to avert a fiscal cliff in the last two weeks. take a listen. >> this is not a game. jobs are on the line. the american economy is on the line and this is a moment for adult leadership. campaign style rallies and that is not a way to get things done in washington. peter: republicans want to hear concrete solid major proposals from the white house on spending cuts and entitlement reform. right now tim geithner is meeting with senate republican leader mitch mccoll was a key player in this, meeting at 1:00 or so with house democrattc leader nancy pelosi in the earlier first this morning with senate democratic leader harry reid. cheryl: a busy day before the treasury secretary monitoring his movements. dennis: what is the next step in the fiscal cliff talks? 30 days left to negotiate. more posturing ahead? more progress? the senior editor at fortune magazine predicts, i remember the moment in the presidential
john boehner had with president obama last night so john boehner came out to give us a report on this and he said in his view there has been, quote, no substantive progress in talks to avert a fiscal cliff in the last two weeks. take a listen. >> this is not a game. jobs are on the line. the american economy is on the line and this is a moment for adult leadership. campaign style rallies and that is not a way to get things done in washington. peter: republicans want to hear concrete solid...
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Nov 21, 2012
11/12
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john boehner has not said that. he says he is for revenues from growth. i'm for that. that is a tax increase that is what obama wants and it does affect the margin because they are going to attack certain income groups. >> i hear you. thank you very much. here is another economic disaster coming. thanksgiving starts the economic season. and this year, unions seem to want to ruin everything. but first -- >> the problem is the squeeze. you see as government employers try to keep up payments they have to slash other service that is we need. >> that is illinois governor pat kwint. he is trying to explain the state's massive sortfall. illinois taxpayers are giving him a huge thumbs down. that is ngovernor quinn of illinois. companies are moving out of his state. he is going to go down or his whole state is going to go down. anyway, back to washingtoning. the senate is going to vote on a bill that could let the feds read your e-mails without even a warrant. the bill's own sponsor probably never read his own bill in the first place and now, this goofy guy has withdrawn his su
john boehner has not said that. he says he is for revenues from growth. i'm for that. that is a tax increase that is what obama wants and it does affect the margin because they are going to attack certain income groups. >> i hear you. thank you very much. here is another economic disaster coming. thanksgiving starts the economic season. and this year, unions seem to want to ruin everything. but first -- >> the problem is the squeeze. you see as government employers try to keep up...
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Nov 23, 2012
11/12
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if you were looking forf john boehner. i would say the op-ed andru naming paul ryan to basically boehner said we're going to the bush tax cuts, th signs are not good forpeople where the party should go. i think romn did better wn he started moderating but that's to be debated i guess with the republican partattention, the op-ed in the got a lot of raising the possibility that she may not have gone back= over as head n lead the tential just a joke or a lot obf cservatives who are still taking her seriously? >> sarah palin is a very interesting person. i think shen a big i'll give you e example, i'm in little rock r work for governor huckásab fo four years, a very intesting character because you would hel ot, heoverned by moving the ballwah a 87% docrat legislature and do he mandated arts, another b word, among t conservatives and arts education inhe gave heo are the children of parents who made too much money to get free health care but not enough to afford -- >> richard >> there is governance and moving the ball forwar
if you were looking forf john boehner. i would say the op-ed andru naming paul ryan to basically boehner said we're going to the bush tax cuts, th signs are not good forpeople where the party should go. i think romn did better wn he started moderating but that's to be debated i guess with the republican partattention, the op-ed in the got a lot of raising the possibility that she may not have gone back= over as head n lead the tential just a joke or a lot obf cservatives who are still taking...
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Nov 29, 2012
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they said on the call john boehner told the president to leave the tax cuts for the rich alone. the president says he doesn't want to do that. he's going to stick with his plan to raise $1.6 billion in revenue and if republicans have something better they should be specific now. eric cantor said republicans are already going further than they did in the same spot in 2010. >> we have done our part. we have put revenues on the table, something we didn't do two years ago during the debt ceiling negotiations. >> we've seen some positive developments in the last several weeks, in terms of what republicans have been saying about the need for revenue as part of a balanced package. the president will continue to make the case that that is essential. >> reporter: so both sides saying revenue is on the table, now the fight is obviously to figure out where it's going to come from, how the government is going to make more money. democrats want it to come from increased tax rates on the rich, republicans would prefer to make that extra money by reforming the tax code and entitlements. bill:
they said on the call john boehner told the president to leave the tax cuts for the rich alone. the president says he doesn't want to do that. he's going to stick with his plan to raise $1.6 billion in revenue and if republicans have something better they should be specific now. eric cantor said republicans are already going further than they did in the same spot in 2010. >> we have done our part. we have put revenues on the table, something we didn't do two years ago during the debt...
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Nov 21, 2012
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today, a letter to speaker john boehner, a resignation letter. events as they unfolded today, thomas, there's a call he planned with some staff about his future today on wednesday. that call is canceled and then his brother told a chicago newspaper he was resigning and the letter in speaker boehner office about a half hour later. thomas? >> thank you. appreciate it. >>> why iowa's governor said they should get rid of the straw poll. that's one of the things we thought you should know. >>> president barack obama pardoning the national thanksgiving turkey. the tradition hassen been around as long as you might think. and be sure to check out the "news nation" tumblr page. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automa
today, a letter to speaker john boehner, a resignation letter. events as they unfolded today, thomas, there's a call he planned with some staff about his future today on wednesday. that call is canceled and then his brother told a chicago newspaper he was resigning and the letter in speaker boehner office about a half hour later. thomas? >> thank you. appreciate it. >>> why iowa's governor said they should get rid of the straw poll. that's one of the things we thought you should...
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Nov 21, 2012
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i think the john boehner op-ed shows you why. boehner is still guarding his right flank. everything he does, he's still trying to give gimmes to the republican base. we can say all we want -- the republican operatives want to change the party. but the base of the party is still there. they still exist. the tea party base. not only are they still there, 87 are still in the lame duck congress. you see boehner regarding his speakership into december. i would say we get past december 31st, get to january 3rd, reorganize the congress and then they make a deal. >> let's hope that's right. thank you for joining us. have a great thanksgiving. >> you, too. >>> next, the presidential pardon. stay with us. >> now, i joke but for the first time in our history, the winners of the white house turkey pardon were chosen through a highly competitive online vote. and once again, nate silver completely nailed it. the guy's amazing. he predicted these guys would win. [ female announcer ] research suggests cell health plays a key role throughout our lives. one a day women's 50+ is a complete
i think the john boehner op-ed shows you why. boehner is still guarding his right flank. everything he does, he's still trying to give gimmes to the republican base. we can say all we want -- the republican operatives want to change the party. but the base of the party is still there. they still exist. the tea party base. not only are they still there, 87 are still in the lame duck congress. you see boehner regarding his speakership into december. i would say we get past december 31st, get to...
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Nov 29, 2012
11/12
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when the president said to john boehner, look, you got to deal with this now. he said there is a price for everything. i'm fearful of a replay of last year where you cut a compromise on the budget and then by the way we're not voting to raise the debt ceiling. i think the president needs to hang tough and say do the debt ceiling now or we don't talk. >> speaker boehner needs to adjust to the current dynamic in the country. the nation has spoken. we had a long presidential debate and now he needs to act on the will of the majority in the country. >> eliot: that is great. mary kay henry thank you for coming on the when alea was born i definitely was not prepared. i just asked myself, "am i doing all that i can, am i doing the best that i can for her?" my whole family was so thrilled and so excited. it was just the start of a wonderful journey. i feel lucky every single day that i have my parents, i have my grandparents and that alea has grandparents and great-grandparents. sometimes they'll joke around and they'll say, " how's our baby, how's our baby?" and she's
when the president said to john boehner, look, you got to deal with this now. he said there is a price for everything. i'm fearful of a replay of last year where you cut a compromise on the budget and then by the way we're not voting to raise the debt ceiling. i think the president needs to hang tough and say do the debt ceiling now or we don't talk. >> speaker boehner needs to adjust to the current dynamic in the country. the nation has spoken. we had a long presidential debate and now...
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Nov 28, 2012
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. >> on the other side of pennsylvania avenue, john boehner says he thinks there is a way to avoid that cliff. >> it's time for the president and democrats to get serious about the spending problem that our country has, but i'm optimistic we can continue to work together to avert this crisis and sooner rather than later. >> and look who's coming to lunch. mitt romney will break bread with the president at the white house tomorrow. >> pledge of allegiance, anti-tax crusader grover norquist warns republicans against breaking their promise. >> it is possible if the republicans lose in such a way they've got their fingerprints on the murder weapon, then you have a problem. bush couldn't run again in '92 successfully because he had his fingerprints on a very bad deal, bad on spending and bad on taxes and he broke his word. >> what is alan simpson's message to grover? we'll ask him in a few minutes. >> how do you deal with guys who came to stop government or grover wandering the earth in his white robe saying he wants to drown government in the bathtub. i hope he slips in there with it. >> su
. >> on the other side of pennsylvania avenue, john boehner says he thinks there is a way to avoid that cliff. >> it's time for the president and democrats to get serious about the spending problem that our country has, but i'm optimistic we can continue to work together to avert this crisis and sooner rather than later. >> and look who's coming to lunch. mitt romney will break bread with the president at the white house tomorrow. >> pledge of allegiance, anti-tax...
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Nov 23, 2012
11/12
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john boehner, sorry, you had me for a week or two. so i understand exactly what you're saying. too many commentators, myself included, we think there's a big election result and that all these branches move in unison. these republicans, at some point, two, three weeks from now are going to be rising up. >> you just said what i wanted to say better. i think that's exactly right. everybody else in the system has a different kind of clock than obama. and if the president -- every day that passes, the president loses, i think, the potential for leverage. >> so we agree. >> we agree. >> i disagree about one thing. i think there's a reasonably good chance that we'll have a big deal. by the time we get to the spring, we might not have that big deal between now and january 1st, but whether we would have a small deal as paving the way toward the big deal or whether we kick the can in such a way as to give us enough time to get to a big deal, i their there's a reasonable chance we'll look up in march or april and have something like they were t
john boehner, sorry, you had me for a week or two. so i understand exactly what you're saying. too many commentators, myself included, we think there's a big election result and that all these branches move in unison. these republicans, at some point, two, three weeks from now are going to be rising up. >> you just said what i wanted to say better. i think that's exactly right. everybody else in the system has a different kind of clock than obama. and if the president -- every day that...
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Nov 22, 2012
11/12
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john boehner says let's put a lid on loop holes and raise revenues that way. some people, including myself, believe the president wants it raise revenues by loophole closures but also raise tax rates. wasn't both. if he goes the tax rates, jim, you're talking about capital gains going from 15 to 24, including obama care tax. and you're talking about dividends going 15 to about 44. now maybe they will fix that dividend thing. but there is no question that the incentives will roll back by 10 or 15% on those two investment tax rates. no question. >> but if the dividends are fixed, did you say 25% on capital gains, i think the market will learn it live with that. if we can rework the dividend part, the market may think that is positive and think that's a risk -- >> so you might have a shock initially. but then the market will absorb the new tax rates, is that what you are saying? >> that's what i believe, certainly. then you get back into things like apple. if they raise capital gains and dividends and raise dividends up to 40% like on ordinary income, then i see
john boehner says let's put a lid on loop holes and raise revenues that way. some people, including myself, believe the president wants it raise revenues by loophole closures but also raise tax rates. wasn't both. if he goes the tax rates, jim, you're talking about capital gains going from 15 to 24, including obama care tax. and you're talking about dividends going 15 to about 44. now maybe they will fix that dividend thing. but there is no question that the incentives will roll back by 10 or...
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obviously two key players are john boehner and the president. look, i would say -- i heard your previous speakers, if you will. i think it's so much easier, andrea, just to lay out the policy now than it is to try to negotiate a two-step or three-step process. i've written a 242-page bill that lays out the policies. the tax portions are just four pages long, so i sure hope that people will stop talking about the fact this is just too hard to do. we have a menu of options, all of which have been scored. this congress has had two dry runs. we've been through this more than any congress ever in the history of our country. and really, we just have to make some tough decisions. they're going to be equally painful three months from now, nine months from now, two years from now. as a matter of fact, at that point they'll have to be even more draconian. we can do this now, we know what the options are. let's make the decisions, get them behind us. it does appear that speaker boehner and the president are open to talking about revenues with entitlement r
obviously two key players are john boehner and the president. look, i would say -- i heard your previous speakers, if you will. i think it's so much easier, andrea, just to lay out the policy now than it is to try to negotiate a two-step or three-step process. i've written a 242-page bill that lays out the policies. the tax portions are just four pages long, so i sure hope that people will stop talking about the fact this is just too hard to do. we have a menu of options, all of which have been...
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Nov 27, 2012
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that's house speaker john boehner. that's because any deal that involves raising tax revenue will face its biggest hurdle in the house of representatives. republicans traditionally have been very opposed to tax increases. they still don't want to do it the way the president wants to do it which is raising taxes on the wealthy. >>> when i spoekd with warren buffett i asked about a replacement for secretary treasure tim geithner. >> if he were to appoint somebody like jamie diamond. >> i think that might be a big signal. i think jamie dimon would be terrific because i think he -- if we did run into problems in markets, i think he would actually be the best person you could have. >> another name mentioned is larry fink the chair manned ceo of blackrock, the world's largest money management firm. he joins us this morning. pleased to have him here. welcome. >> good morning. >> we want to talk about how you see the fiscal cliff and where you think the economy is. first the global and domestic economy, is the recovery sustain
that's house speaker john boehner. that's because any deal that involves raising tax revenue will face its biggest hurdle in the house of representatives. republicans traditionally have been very opposed to tax increases. they still don't want to do it the way the president wants to do it which is raising taxes on the wealthy. >>> when i spoekd with warren buffett i asked about a replacement for secretary treasure tim geithner. >> if he were to appoint somebody like jamie...
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Nov 29, 2012
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if the republicans give on raising taxes, and we know that skr john boehner and a lot of republicans have said they don't want to raise taxes on people making over $250,000 a year. but if they're willing to do that, they will certainly want something significantment in terms of entitlements. but the deal that's being talked about would delay the cuts for 10 to 20 years. do you think they would buy that is th is this. >> i think the detail we're talking about is not something we've gotten into yet. the president has in his own budget that he's proposedoff $300 billion in health savings. but democrats don't want to simply transfer rising health care costs on to the backs of seniors. that's what the republican proposals would do. what we want to do is lower the over all costs within the system. the president has a number of proposals to do exactly that. and so that's been the big difference. the difference republicans again saying they want to pass the bill on to senior citizens. democrats looking for ways to reduce costs in the system overall. >> would you be in favor of raising the el
if the republicans give on raising taxes, and we know that skr john boehner and a lot of republicans have said they don't want to raise taxes on people making over $250,000 a year. but if they're willing to do that, they will certainly want something significantment in terms of entitlements. but the deal that's being talked about would delay the cuts for 10 to 20 years. do you think they would buy that is th is this. >> i think the detail we're talking about is not something we've gotten...
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john mayer -- john boehner -- >> not john mayer. he is no longer in politics. >> john boehner will light the tree next week. >> bill: okay. god. i guess they are not rushing the season -- >> no, the music, the lights started way before thanksgiving. >> i think it's nice that binder is going to light the tree with his burned out cigarette. [ laughter ] >> bill: go flick your butt at the tree. >> yeah. >> president obama prepared his list and bought 15 books for christmas presidents over the weekend. >> bill: you talk about knowing what you want. >> and a big change this college football -- >> one of the books he bought was the "the obama hate machine." >> auburn has fired its coach after just two years of winning a national championship. they lost to alabama 49-0 on saturday. >> it was a nail biter. it was 42-0 at the half. >> bill: oh, man. they were putting the water boy in to throw the ball at that point. i really wish that nick saysin would have said let's do 100-0 on these guys. >> bill: yeah. joe it's good to see you as always.
john mayer -- john boehner -- >> not john mayer. he is no longer in politics. >> john boehner will light the tree next week. >> bill: okay. god. i guess they are not rushing the season -- >> no, the music, the lights started way before thanksgiving. >> i think it's nice that binder is going to light the tree with his burned out cigarette. [ laughter ] >> bill: go flick your butt at the tree. >> yeah. >> president obama prepared his list and bought...
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small way more complicated than just defunding obamacare and again i don't think that john boehner or anybody else thinks that i think they want to where i lay they want to replace obamacare but more on that and he knows that they can't do that so today what he was saying was that he's going to defund i mean you know he's going to use their oversight powers that has the power the person are well that's what they're going to try to do also the regulations have been written you have to remember the public comment period so there's a lot of i should have gone through they've come out they have some public comment i mean people don't realize it's not if you don't just flip a switch to an x. something this large but i completely agree i you know i think the country is completely over regulated business is strangled by regulations but this in certain uncertainty and to me this is the part of both parties one of the reasons we have such uncertainty is you have to pass a budget this is you know do we need a balanced budget amendment no but maybe we need a budget of men you know as you would u
small way more complicated than just defunding obamacare and again i don't think that john boehner or anybody else thinks that i think they want to where i lay they want to replace obamacare but more on that and he knows that they can't do that so today what he was saying was that he's going to defund i mean you know he's going to use their oversight powers that has the power the person are well that's what they're going to try to do also the regulations have been written you have to remember...
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plus, house majority leader john boehner sounding more and more like republicans won't be easily won over during tax talks. the mering fiscal cliff next. >>> and it was a normal thanksgiving morning until this multi-car wreck. how some 100 cars collided in texas. >> it was just a kmpl seconds, chain reaction. crazy. flashed right before my eyes. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ throughout our lives. one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. it has more of 7 antioxidants to support cell health. one a day men's 50+. >>> a lot of people in texas say they are lucky to be alive today. that's after this massive interstate pile-
plus, house majority leader john boehner sounding more and more like republicans won't be easily won over during tax talks. the mering fiscal cliff next. >>> and it was a normal thanksgiving morning until this multi-car wreck. how some 100 cars collided in texas. >> it was just a kmpl seconds, chain reaction. crazy. flashed right before my eyes. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was...
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Nov 26, 2012
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speaker pinera today after a meeting -- house speaker john boehner after a meeting at which the white house. does that mean that republicans are considering raising taxes on wealthy americans? >> yes, but there's a divorce between raising revenues and raising rates. and i'm afraid that half of washington, the liberal half, has an inability to understand. you can keep rates the same, or even lower them, as was recommended by the president's own debt commission, which he rejected, if you broaden the base by eliminating deductions and credits and all kinds of exemptions. that is how they did it in 1986. in the reagan-o'neill agreement. they lower the rates and raise revenue by broadening the base. every quarter century we have to clean out the tax code, all the articles that are added by lobbyists, and get them out of there. >> there was a story in the "new york times" this week that there might actually be a millionaire surtax. is that what democrats are looking at? >> -- a millionaire's tax. is that what democrats are looking at? >> there are fantasies in both camps. on the one side, i
speaker pinera today after a meeting -- house speaker john boehner after a meeting at which the white house. does that mean that republicans are considering raising taxes on wealthy americans? >> yes, but there's a divorce between raising revenues and raising rates. and i'm afraid that half of washington, the liberal half, has an inability to understand. you can keep rates the same, or even lower them, as was recommended by the president's own debt commission, which he rejected, if you...
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Nov 24, 2012
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even john boehner was reticent in saying, okay, i'm ready to raise taxes. he still is talking about maybe the health care reform act taking some sort of hit. but then therein lies the question that so many americans, they want to see a compromise. what is it going to take? what is going to be the area where either side is willing to compromise? >> well, i think republicans are going to want to see some real spending cuts. the situation has changed. we are in an untenable situation, spending so much more than we're taking in. right now, when you look at president obama's proposed spending cuts, a lot of them are leisure. they're cuts in there, for example, that are already agreed upon. in other words, we already have. so you can't really count those. there are other things he called spending cuts which are for wars we're not going to fight. he's going to save a trillion dollars not fighting wars that we're not going to fight anyway. so that's like me saying i'm going to give you a trillion dollars, no, i'm not, and then imagining that somehow i've got that t
even john boehner was reticent in saying, okay, i'm ready to raise taxes. he still is talking about maybe the health care reform act taking some sort of hit. but then therein lies the question that so many americans, they want to see a compromise. what is it going to take? what is going to be the area where either side is willing to compromise? >> well, i think republicans are going to want to see some real spending cuts. the situation has changed. we are in an untenable situation,...
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boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we saw what happened last time, you can get your debt downgraded and has real economic consequenc consequences. and that's why when people think about the fiscal cliff, we all assume that sane minds will prevail and they'll come up with some deal. there's no guarantee that sane minds will prevail. and recent history would suggest that sanity almost never prevails in washington. so you can assume it's going to be more difficult than we think. you can assume that the bush tax cuts might all go away for a short period of time. and you cannot assume they just raise the debt limit. you cannot make that assumption. >> are the p
boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we...
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one thing that is giving folks hope, the fact that house speaker john boehner and eric cantor seem to be working more in lock step now than they were during the summer of 2011. if that holds, it really could help the house of representatives to get on 3w0rd of some type of idea. >> we've heard from chairman bernanke and others. how much of a factor will the fed and the ceos of all these major companies be as we get closer to this major deadline? >> one of the questions is how do people react where all these tax increase, all these spending cuts take effect. if there's no deal in the middle of december, say, do we start to see some real impacts? do companies start slowing their capital spending plans, do they start holding up on hiring. there's a risk that there could be economic damage even if there is a deal by january 1. maybe we haven't reached full agreement yet but we're close. we're almost there. i think having a sense that there's momentum and things are going the right direction is important for business confidence and getting through this without any economic downturn. >> nei
one thing that is giving folks hope, the fact that house speaker john boehner and eric cantor seem to be working more in lock step now than they were during the summer of 2011. if that holds, it really could help the house of representatives to get on 3w0rd of some type of idea. >> we've heard from chairman bernanke and others. how much of a factor will the fed and the ceos of all these major companies be as we get closer to this major deadline? >> one of the questions is how do...